SFGTV2: San Francisco Government Television
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Nov 26, 2012
11/12
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SFGTV2
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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Nov 29, 2012
11/12
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FBC
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he raised taxes 6 billion. he didn't go to voters without doing everything he could to make pension reform changes or substantial cuts. i'm not sure that happened in washington. i do not believe this is open door policy and every tax will be passed. people said this is one-time important event. cutting universities in particular will threaten our innovation. neil: i never buy temporary. i never buy temporary, do you? >> seven years temporary? neil: i worry about that we can argue over that. my point is the fiscal cliff will be avoided if both parties realize that america's survival depends on them giving up something important to them. neil: but if only one side gives up, governor, that's what i worry about. >> there won't be a deal. there won't be a deal if only one side gives up. neil: well that is a point. where do we go the end. year and it goes kablooey. is it the end of the year? >> it will be and a recession will ensue. neil: do you think democrat might secretly want that? >> well, if so, i don't want it
he raised taxes 6 billion. he didn't go to voters without doing everything he could to make pension reform changes or substantial cuts. i'm not sure that happened in washington. i do not believe this is open door policy and every tax will be passed. people said this is one-time important event. cutting universities in particular will threaten our innovation. neil: i never buy temporary. i never buy temporary, do you? >> seven years temporary? neil: i worry about that we can argue over...
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Nov 24, 2012
11/12
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KRON
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online resellers only collect tax for places where they have a physical presence. down here in california amazon is building a warehouse here and this one there loss angeles. this is a million square feet and go fashion retailers it is another reason for them to worry. >> amazons go is to get items faster to customers and to offer same-day delivery. you can avoid stores if you want and have a package delivered to your home in a matter of hours. >> this is a win for consumers but tough for local consuresellers. >> this will take away the one advantage that retailers to have to compete with amazon. >> this means that retailers would make up their gang. >> retailers need to take a lesson from amazon and they need to focus on the consumer experience and they need to become more sophisticated. those who want a lesson on how to drive can learn from this store in sampras's go. >> we have had almost everything comedown-- >> michael tucker stores are thriving. the readers that we have are working with the public and this is what we have here with this commended. a basic rem
online resellers only collect tax for places where they have a physical presence. down here in california amazon is building a warehouse here and this one there loss angeles. this is a million square feet and go fashion retailers it is another reason for them to worry. >> amazons go is to get items faster to customers and to offer same-day delivery. you can avoid stores if you want and have a package delivered to your home in a matter of hours. >> this is a win for consumers but...
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Nov 28, 2012
11/12
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KRON
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and increased taxes on the wealthy. the president will meet later today with corporate executives. they are still attempting to hammer this out before this series of automatic tax increases and spending cuts are due to take effect in january. >> tracking gas prices of around the bay area we have seen the average of prices across the state. this morning 37 $3.73. the prize in san jose also down a penny at $3.67. oakland maze at $3.70 was sent this morning half the stations can be cheaper than what you see on your screen. >> if you are more than 90 days behind on your student loan payments you're not alone. the percentage of student loans more than three months past due is at an all-time high. that's according to the latest quarterly release from the federal reserve bank of new york. exactly 11 percent of student loan balances or 90 or more days delinquent. student the link to see rates have never been this high since the fed started keeping track in 2003. >> a. 27 a m and we will be back and a couple of minutes. we are checking conditions of the bay area. does go to the south bay al
and increased taxes on the wealthy. the president will meet later today with corporate executives. they are still attempting to hammer this out before this series of automatic tax increases and spending cuts are due to take effect in january. >> tracking gas prices of around the bay area we have seen the average of prices across the state. this morning 37 $3.73. the prize in san jose also down a penny at $3.67. oakland maze at $3.70 was sent this morning half the stations can be cheaper...
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Nov 21, 2012
11/12
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FOXNEWSW
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and let taxes go up. does the many stream media after it right? grover norquist says absolutely not. i hear a lot, a lot, rumors that speaker boehner may be interested in cutting a deal to raise taxes as part of deal. are you hearing the same? >>guest: we heard that for a year in 2011 and it was not true. there are people who are hoping that the republican party will raise taxes to pay for obama's larger government. obama would like that to happen. the republicans won the house of representatives campaigning on a commitment to the ryan plan which reduces spending, reforms entitlements, and reforms taxes down, not up. so, obama got himself re-elected less strongly than four years ago and the republican house got itself re-elected? >>eric: what happens if republicans do cave and do sign on to higher taxes, what will you do? >>guest: well, the question is what the american people do if they see the republicans and democrats agreeing to raise taxes to pay if oh bum's bigger government then the republicans would be co-owners of what will be, unfortunat
and let taxes go up. does the many stream media after it right? grover norquist says absolutely not. i hear a lot, a lot, rumors that speaker boehner may be interested in cutting a deal to raise taxes as part of deal. are you hearing the same? >>guest: we heard that for a year in 2011 and it was not true. there are people who are hoping that the republican party will raise taxes to pay for obama's larger government. obama would like that to happen. the republicans won the house of...
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Nov 24, 2012
11/12
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KGO
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about half of the small businesses pay taxes at a 35% rate. so without a tax deal, rates could spike to 42% n addition she is postponing orders for bring merchandise. >> we've had to small a bunch of stouf make sure it's going to be okay for next season. >> did that hurt you?. >> absolutely. bigger stores able to carry out the lines you know they get them earlier than we do. we follow them out so, long. >> small business owners worried whether they'll northbound business next year. this is one of them. >> you don't want to lose it all after 30 years in business. that would be a terrible thing. there is a lot of small business owners are single. >> small business owners feeling the squeeze of deep discounting by large national chains that set up shop on main streets once domain on small business. >> everyone talking about black friday and about 50, 60% of. you can't compete. >> i cannot do that. people want to stay away from malls. they don't want any part of it. that is what saved me. >> wlak friday followed by small business saturday to get s
about half of the small businesses pay taxes at a 35% rate. so without a tax deal, rates could spike to 42% n addition she is postponing orders for bring merchandise. >> we've had to small a bunch of stouf make sure it's going to be okay for next season. >> did that hurt you?. >> absolutely. bigger stores able to carry out the lines you know they get them earlier than we do. we follow them out so, long. >> small business owners worried whether they'll northbound business...
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Nov 29, 2012
11/12
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KNTV
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if congress acts now to block tax hikes for 98% of americans, lawmakers can go home for the holidays, and on january 1st tax rates would rise automatically on the top 2%. >>> and yahoo ceo marissa mayer is meeting with president obama to discuss the fiscal cliff. we just got a picture from the white house. you can see mayer just barely there on the right-hand side -- on the left-hand side of the picture, bottom left-hand corner. she joined more than a dozen other business leaders at the white house today. mayer is also making headlines for her speech to an invite only crowd in palo alto last night. she said she juggles her priorities listing god, family and yahoo. adding, quote, the baby's been way easier than everyone made it out to be. so those have been the two really terrific surprises. the kid has been easier, and the job has been fun. >>> for the second straight day, heroic actions saved lives from a burning vehicle. the good samaritan in this case jesus hernandez saw an rv on fire in east san jose. it happened this morning, and he heard screams for help from that rv. he grabbed
if congress acts now to block tax hikes for 98% of americans, lawmakers can go home for the holidays, and on january 1st tax rates would rise automatically on the top 2%. >>> and yahoo ceo marissa mayer is meeting with president obama to discuss the fiscal cliff. we just got a picture from the white house. you can see mayer just barely there on the right-hand side -- on the left-hand side of the picture, bottom left-hand corner. she joined more than a dozen other business leaders at...
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you know sharing information online in his case they believe that he used it when he was helping out tax transferred and distribute those files among members of all suck but because sexual predators can also use tor he's just as dangerous as them and so now he's going to be denied bail just last question and i mean bigger picture you know we sort of started off this statement talking about why this wasn't necessarily a great week for tech week yeah and not so much for type of but for people who use technology for example who have made it a part of their lives and for privacy rights i mean is there light at the end of the tunnel where we can hope like what really we've been seeing for the last couple of months there's so many efforts on a congressional level to try to pass cyber security legislation and we already know that congress is having a hell of a hard time on their part trying to do that so ideally we can we can rely on the court system to take these little discrepancies but it looks like we really can't right now but hopefully these cases are getting the media attention slowly bu
you know sharing information online in his case they believe that he used it when he was helping out tax transferred and distribute those files among members of all suck but because sexual predators can also use tor he's just as dangerous as them and so now he's going to be denied bail just last question and i mean bigger picture you know we sort of started off this statement talking about why this wasn't necessarily a great week for tech week yeah and not so much for type of but for people who...
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Nov 28, 2012
11/12
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FBC
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the reality is this is not a tax issue. it never has been a tax issue. we have the same amount of revenue coming in in 2012 that we had in 2007, but we spend a trillion dollars more per year now than we did five years ago. this is a spending issue. gerri: spending or revenue, that is, the amount of money taken in by the federal government has recovered, and it's doing much better. >> right. gerri: turning your tarns to a conversation going on for days lately. the most recent adherent oklahoma congressman tom cole saying, look, republicans need to compromise. they need to keep tax cuts in place for people earning $250,000 and less. he says it's time to make a change and now people on the hill saying that the g.o.p. is splintering. what do you say? >> that's not true. actually, what tom was trying to say was it's a tax call thing. tom is against raising taxes on any level. he's against raising taxes on all folks, but have agreement with the president on this group that's $250,000 and less, clear the table and make the bracket.ions in the upper he's against
the reality is this is not a tax issue. it never has been a tax issue. we have the same amount of revenue coming in in 2012 that we had in 2007, but we spend a trillion dollars more per year now than we did five years ago. this is a spending issue. gerri: spending or revenue, that is, the amount of money taken in by the federal government has recovered, and it's doing much better. >> right. gerri: turning your tarns to a conversation going on for days lately. the most recent adherent...
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Nov 21, 2012
11/12
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KGO
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but that money is not going to come out of taxes or fees a check will be written by boosters. that is the way it's done in big time programs. here is the athletic director sandy barber. >> jeff has been a class act through every bit of this. and certainly it's:gz- disappointing. he wanted to continue to lead cal football. and made that very clear. >> he will leave a legacy because memorial stadium never would have been renovated, that $3231 million job never would have happened with out tedford and his success. who takes over now? that is the question, we'll have a live report at 5:00 and 6:00. >> it's sad so-to-see him go. >> he's a goodman. >> still ahead, new information on the o.j. simpson case, who has come forward to say he killed the ex-wife, and friend. >> and bad news for hewlett-packard why the company says it was the victim of a multi billion dollar fraud. >> plus a thanksgiving tradition in the east bay today, but why this deal >> at 4:so checking traffic downtown skyway. andnífñ it's usual bumper to bumper crawl heading left to right moving more smoothlysówh th
but that money is not going to come out of taxes or fees a check will be written by boosters. that is the way it's done in big time programs. here is the athletic director sandy barber. >> jeff has been a class act through every bit of this. and certainly it's:gz- disappointing. he wanted to continue to lead cal football. and made that very clear. >> he will leave a legacy because memorial stadium never would have been renovated, that $3231 million job never would have happened with...
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Nov 26, 2012
11/12
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KTVU
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they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting pay for a san francisco police officer is 88,000 dollars a year. well for the san francisco 49ers there are quarterback questions all over again. it happened for the second straight game for the quarterback and coming up, what coach jim harbaugh is saying about who will be his starter in the future. >>> we have been talking about fog and i'm not sure if there is an incident in south san francisco. northbound at the 380 split, just north of fso, let's head out to our maps and a bicycle is laying on the shoulder and officers are not sure if this was an accident
they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting...
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Nov 28, 2012
11/12
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FBC
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why tax device manufacturers as if they are taxing alcohol or cigarettes. that is what it is and excise tax on sales. ge healthcare, santa fe, the tax rate that these guys face, pacemakers, devices for brain surgery, prosthetics for returning soldiers, get this, 80%. state, local, federal. [talking over each other] dennis: that is one of the few major manufacturing hedges we have for medical equipment. r and d getting outsourced to other countries right now. cheryl: what you think this will do to the industry overall? let's not make this stuff in the united states, let's maybe go to israel. israel has a very strong and nicole industry. they may actually move ahead of the united states. >> these letter writers are saying, look, we are already pulling back on our end the year in the united states. nationally, that would affect job growth here. cheryl: you have stocks now, of course, every 15 minutes. nicole: we are setting new session highs. take a look at the dow jones industrials. we are up about 15 points right now. american express turning into the green
why tax device manufacturers as if they are taxing alcohol or cigarettes. that is what it is and excise tax on sales. ge healthcare, santa fe, the tax rate that these guys face, pacemakers, devices for brain surgery, prosthetics for returning soldiers, get this, 80%. state, local, federal. [talking over each other] dennis: that is one of the few major manufacturing hedges we have for medical equipment. r and d getting outsourced to other countries right now. cheryl: what you think this will do...
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Nov 26, 2012
11/12
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KPIX
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if an agreement is the not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts o to entitlement programs. >> a san francisco couple challenge of the defensive marriage act may be one of several the u.s. supreme court considers this week. the justices will decide whether to hear an appeal from the defenders of the prop 8, the initiative banning gay marriage. they're expected to meet this week to decide which cases it will hear next we're. >>> time for health watch this morning, it's 6:19, it appears childhood injuries related to inflatable bouncers are on the ride. that's according to a study published in the journal of pediatrics. bouncers and moon walks are popular at parties but it c
if an agreement is the not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts...
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Nov 27, 2012
11/12
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CNBC
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the first is taxes. the winner could choose between a lump sum of $327 million or the annual payments. they should take the lump sum and pay the $114 million in taxes before december 31st f they wait until january 1st and we go off the cliff, those taxes go up to $130 million, you save $16 million paying now the winner should make a gift, 'tis the season, cities also the tax regime. couples can now give up to $10 million tax free, next year, that money changed to only $1 m the tax rate on that goes up. should do it now most important advice, cool off. sudden wealth can ruin your life, expose to you all kinds of scams and lead to overindulgence. people say you should put the check in the bank and ignore it for three to six moment. use that time to get your financial bearings and create a real plan. the plan is critical. you should start by hiring a financial adviser, figure out your spending goals, $327 million sounds like a lot but you buy a yacht and a g 550 plane, pretty soon you are done. one of an in
the first is taxes. the winner could choose between a lump sum of $327 million or the annual payments. they should take the lump sum and pay the $114 million in taxes before december 31st f they wait until january 1st and we go off the cliff, those taxes go up to $130 million, you save $16 million paying now the winner should make a gift, 'tis the season, cities also the tax regime. couples can now give up to $10 million tax free, next year, that money changed to only $1 m the tax rate on that...
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Nov 23, 2012
11/12
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MSNBCW
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some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys 'r' us' ceo is here to break down the big ticket items. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> giving you a look at these new protests happening right now in cairo's tahrir square. supporters and opponents of egypt's new president, mohamed morsi, are
some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys...
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Nov 21, 2012
11/12
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CURRENT
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no new taxes pledge. grover norquist's pledge. but now with the fiscal cliff looming, lawmakers who were once staunchly against raising revenues seem to be changing their tone a little bit. and grover norquist's influence may be fading fast. >> fewer and fewer people are signing this pledge. >> the pledge is dead. >> i'm not saying it's dead but i am saying the majority of members of congress see the fiscal cliff we want to sit down and we want to get something worked out. >> if you appropriate some of the money you achieved by eliminating deductions and loopholes to the national debt, even though that may technically violate the pledge, sign me up. that's a reasonable accommodation for a republican to make. >> jennifer: for the record, that was senators john mccain and lindsey graham so the question is this grover norquist's last stand? here with an answer is donnie fowler. donnie of course, democratic strategist and great political operative. welcome back into "the war room." is it grover norquist's las
no new taxes pledge. grover norquist's pledge. but now with the fiscal cliff looming, lawmakers who were once staunchly against raising revenues seem to be changing their tone a little bit. and grover norquist's influence may be fading fast. >> fewer and fewer people are signing this pledge. >> the pledge is dead. >> i'm not saying it's dead but i am saying the majority of members of congress see the fiscal cliff we want to sit down and we want to get something worked out....
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Nov 24, 2012
11/12
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KOFY
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but without a new tax deal the rate would spike to 42 percent. so in addition to not hiring help she is postponing orders for spring merchandise. >> we have had to pretty much stall a bunch of stuff to make sure that it is going to be okay for the next season. >>reporter: does that hurt you competitively. >> absolutely. i think the bigger stores able to carry out the spring lines they get them earlier than we do because we stall them out for so long. >>reporter: small business owners are worried whether they will even be in business next year. isabel is one of them. >> don't want to lose it after 30 years in business. be a terrell thing. we have to support ourselves. a lot of small business owners are single you necessity. maybe they don't have another helping them. >>reporter: small business owner feeling the squeeze of deep discounting by large national chains. some of the chains set up shop on the main streets of the bay area once the do mane of small business. >> everyone talks about black friday and 50 to 60 percent off. you can't compete. >
but without a new tax deal the rate would spike to 42 percent. so in addition to not hiring help she is postponing orders for spring merchandise. >> we have had to pretty much stall a bunch of stuff to make sure that it is going to be okay for the next season. >>reporter: does that hurt you competitively. >> absolutely. i think the bigger stores able to carry out the spring lines they get them earlier than we do because we stall them out for so long. >>reporter: small...
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118
Nov 29, 2012
11/12
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FOXNEWSW
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eye 118
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tax dollars, tax dollars, tax dollars, are being spent on facelifts and liposuction for teachers. the total bill this past year, ready for this? $2.7 million. now that is down from the year before, which was $5.2 million. how does this happen? well, it turns outs the perk is included as a ride he were in the teachers' contract, and that's raising big questions about unions and collective bargaining. we're back with our political panel. this is byron york's favorite story of the night. byron? >> this story blew my mind. it goes back to a contract that was ratified in the 1970s, when unions were getting about everything they wanted. the schools were giving unions everything they wanted. and plastic surgery was not as common at the time. what's happened is, it stayed in the contract, and teachers began, and employees began, using it more. now they haven't had a new contract since 2004, but there's in new york state law that allows unions to keep going with the contract that's -- even if it's expired, so there's no incentive for anybody to negotiate a new one. so the union gets perks
tax dollars, tax dollars, tax dollars, are being spent on facelifts and liposuction for teachers. the total bill this past year, ready for this? $2.7 million. now that is down from the year before, which was $5.2 million. how does this happen? well, it turns outs the perk is included as a ride he were in the teachers' contract, and that's raising big questions about unions and collective bargaining. we're back with our political panel. this is byron york's favorite story of the night. byron?...
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Nov 28, 2012
11/12
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CNNW
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eye 102
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we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating deductions and credits, obama wants a trillion plus dollars worth of tax increase that way, is that if you do that, you've just got a tax reform for decades to come, because how do you reduce marginal tax rates so we can become competitive in the world on the corporate and the individual side, if you have already given away to the appropriators and spenders all the deductions and credits. >> one final question, grover. it seems some liberals out there want to make this personal. more and more about you, about your role in encouraging these republicans by and large to support th
we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating...
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Nov 29, 2012
11/12
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KPIX
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but state senator-elect jerry hill will push for higher gas taxes. >> the sales tax or increase in the gasoline tax is really the solution-foot-long term to improve our roads. >> reporter: are we living on borrowed time? >> in some cases we may be. >> reporter: according to the latest studies by the mtc and other city agencies, there is no money now and dana, tonight they are saying it doesn't even look good for the next 30 years. >> wow. all right. linda yee, thank you. >>> right now, the city of oakland is talking to a concerned community about crime during the holidays and how to improve say the. crime in the city is at an all- time high while the ranks in the police department continue to shrink. phil matier says more people are taking the law into their own hands. phil. >> reporter: you know, this is a nice quiet neighborhood in oakland but just two hours ago will we were setting up to get ready to do this shot here at the fair, police were involved in a high-speed chase that ended with a horrendous accident in mcarthur park t spotted a car carrying gangbangers in it including one
but state senator-elect jerry hill will push for higher gas taxes. >> the sales tax or increase in the gasoline tax is really the solution-foot-long term to improve our roads. >> reporter: are we living on borrowed time? >> in some cases we may be. >> reporter: according to the latest studies by the mtc and other city agencies, there is no money now and dana, tonight they are saying it doesn't even look good for the next 30 years. >> wow. all right. linda yee,...
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Nov 26, 2012
11/12
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FOXNEWSW
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republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but only if democrats agree to reform entitlements like social security and medicare. >> i don't expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want
republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but...
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Nov 22, 2012
11/12
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folks are saddled with debt and unemployment, obama wishes to expand the government reach, raising taxes on those laboring under the old dream. how can anyone believe in a dream when the leaders don't? they look stagnant earth and say that is better. america may enter a nationally recurring nightmare, i don't mean the one where dana and jasper show up as hous guests. you hate the american dream so you are happy about this. >> dana: i haven't lived it at all. 60% of recent college grads can't find a job in what they studied, in the profession they chose. one of five bachelor degree holders are unemployed and 40% live at home. you can understand why they are upset about the future. i bet the poll is correct. >> greg: it's clear you don't care. is the american dream dead and should obama be impeached? >> kimberly: i saw that on the street corner today. >> bob: kimberly is eating. you ate it all. >> kimberly: i'm hiding it from you. >> greg: so you agree with me president obama should be -- >> bob: i do not. everyone at the table went to liberal arts college, right? is anybody here except fo
folks are saddled with debt and unemployment, obama wishes to expand the government reach, raising taxes on those laboring under the old dream. how can anyone believe in a dream when the leaders don't? they look stagnant earth and say that is better. america may enter a nationally recurring nightmare, i don't mean the one where dana and jasper show up as hous guests. you hate the american dream so you are happy about this. >> dana: i haven't lived it at all. 60% of recent college grads...
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Nov 27, 2012
11/12
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i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from senior democrats in both the house and the senate saying basically entitlements are off the table. we are not doing entitlement. the president at some point, serious about a deal needs to set aside his campaigning on tax issues. and get serious about entitlement issue. >> one prominent democrat did talk about entitlement issues back in 2010. pretty extensively. >> the major driver of our long-term liabilities, everybody here knows, is medicare and medicaid and the healthcare sending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down t
i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from senior democrats in both the house and the...
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Nov 27, 2012
11/12
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by letting it expire and than any tax change to reduce taxes will be a tax cut, we will be glad to sign it. all of the super rich people who are now going to face the state tax on anything over $1 billion will be screening of their shoulders, the thing it. and rear not point to have $200 billion less in spending if after january 1 we sign a new tax bill. the fact that obama is administration is to make it sound like he is averting a catastrophe over the post 2013 -- it is an insult to people who know what is going on. host: if you think that -- do you think the president is not holding from one democratic beliefs? calving i really do not know. i just found out that ed rendell is supposedly a little type of democrat. he is one -- on one of these teams trying to figure out entitlements. this is a simple equation. we have about $800 billion more than necessary in spending. we have $800 billion more in spending that goes into the pockets of those who run unnecessary tests, insurance companies and pharmaceutical companies. and if we relocate the like most of the rational world by civil natio
by letting it expire and than any tax change to reduce taxes will be a tax cut, we will be glad to sign it. all of the super rich people who are now going to face the state tax on anything over $1 billion will be screening of their shoulders, the thing it. and rear not point to have $200 billion less in spending if after january 1 we sign a new tax bill. the fact that obama is administration is to make it sound like he is averting a catastrophe over the post 2013 -- it is an insult to people...
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Nov 25, 2012
11/12
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CNNW
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well, it's a $7 trillion mix of spending cuts and tax hikes. that is one of the biggest domestic problems facing the u.s., and the fiscal cliff is so critical that some economists worry it could throw the country back into a recession if congress and the obama administration just can't make a deal. for many americans, the idea of a fiscal cliff is a hard one to wrap their brain around, but my next guest says the brain may be exactly what is needed get washington out of this whole mess. he is david rock, co-founder and author of "your brain at work." good morning. >> good morning to you, radi, good to be here with you. >> i have a lot to get through with you, but you say that our brains are inherently wired to categorize other people in one of two ways. in groups and out groups. can you explain what that means? >> absolutely. it's an inle function, and we see it in many other animals, including mammals as well. it's not just an american thing or western thing. it's very much a part of who we are, to decide if everyone we're speaking to is on our
well, it's a $7 trillion mix of spending cuts and tax hikes. that is one of the biggest domestic problems facing the u.s., and the fiscal cliff is so critical that some economists worry it could throw the country back into a recession if congress and the obama administration just can't make a deal. for many americans, the idea of a fiscal cliff is a hard one to wrap their brain around, but my next guest says the brain may be exactly what is needed get washington out of this whole mess. he is...
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Nov 29, 2012
11/12
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will the liberals vote for anything unless they get a rise in the tax for the top people? >> well, really, i can only speak for myself, chris, but my sense of the caucus is there are strong feelings about protecting entitlements from depredations on the other side and they want to be very clear about the details, but i think there's also a willingness to work with the president and support the president in his leadership in averting the fiscal cliff and i agree with mr. terry, we want to get this done before the end of the year so that we're not roiling markets, not disrupting people's planning for the next calendar year, and we're not having anybody's taxes go up in the middle class. >> let me get the timing right plshtion terry. you're in the majority. are you being advised by your whips there are going ton tough votes right near christmas eve or some coming back after christmas before the 31st in some crazy christmas week chaos? in other words are you being advised the big votes will come before christmas? >> our leadership and our conference has said there hasn't been
will the liberals vote for anything unless they get a rise in the tax for the top people? >> well, really, i can only speak for myself, chris, but my sense of the caucus is there are strong feelings about protecting entitlements from depredations on the other side and they want to be very clear about the details, but i think there's also a willingness to work with the president and support the president in his leadership in averting the fiscal cliff and i agree with mr. terry, we want to...
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Nov 28, 2012
11/12
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KTVU
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they are pushing congress to renew tax cuts before they expire by the end of this year. what they are saying about the president's campaign style approach to deal with this looming crisis. >>> and 400,000 californians are carefully watching this fiscal drama and that's because emergency benefits are due to expire unless congress agrees to an extension. here they are noticing possible loss of benefits are being mailed out this week. >>> let's check in with tara in for sal castaneda, it could be a sticky commute with the rain. >>> yes, we want to make sure you give yourself enough time today and right now if we take a look outside, this is a look at the east shore freeway as you drive towards the mcarthur maze, and as we look at the bay bridge toll plaza folks are headed to san francisco and they are not experiencing any delays. finally a look at 280 in san jose, traffic is looking good in both directions, here is steve. >>> well, we have a little bit of a lull before the system comes in and if you leave now you might beat the bulk of it. everything is offshore poised to m
they are pushing congress to renew tax cuts before they expire by the end of this year. what they are saying about the president's campaign style approach to deal with this looming crisis. >>> and 400,000 californians are carefully watching this fiscal drama and that's because emergency benefits are due to expire unless congress agrees to an extension. here they are noticing possible loss of benefits are being mailed out this week. >>> let's check in with tara in for sal...
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Nov 29, 2012
11/12
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FBC
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call it a tax revolt. more than 170 companies issuing special dividends to avoid higher taxes next year. is a victory for investors but it is it also a victory for libertarians? we will ask one of them after the break. the judge. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difrence that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health
call it a tax revolt. more than 170 companies issuing special dividends to avoid higher taxes next year. is a victory for investors but it is it also a victory for libertarians? we will ask one of them after the break. the judge. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the...
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organizations even grover norquist whose name we've been hearing quite a lot the president of americans for tax reform all of these sort of different fashions of come together and they've said you know what this is a good thing that the government should not be able to do this without giving permission just one other aspect of the bill i want to mention is that if they do obtain a warrant language in the bill says that unless there's a threat to homeland security that they have to let the person know they have to let you know if they in fact get a warrant to get your electronic communication so really a victory in the eyes of quite a few privacy rights advocates now the president on the senate judiciary committee patrick leahy democrat from vermont he's been around for. quite a long time now when you when the when this first bill was passed i spoke to his office a little while ago he says this is a huge victory this is much needed progress he spoke on camera just a little while ago. three decades out in act what effect problem merican face even greater threat to the digital privacy witness expl
organizations even grover norquist whose name we've been hearing quite a lot the president of americans for tax reform all of these sort of different fashions of come together and they've said you know what this is a good thing that the government should not be able to do this without giving permission just one other aspect of the bill i want to mention is that if they do obtain a warrant language in the bill says that unless there's a threat to homeland security that they have to let the...
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Nov 28, 2012
11/12
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more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said that social security is not part of what is what we're going to do in this. i agree with him. and there are things that i personally believe there are things that we can do with entitlements that don't hurt beneficiaries. >> but if you have each side starting to take things off the table, it makes you wonder if at some point if gets harder to make a deal. shep. >> shepard: mike emmanuel on capitol hill. the white house and president obama will be making their case to regular americans this week. republican leaders say he should be negoti
more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said...
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Nov 23, 2012
11/12
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. >> every time the government proposed an actual add-on or separate tax item for security, the airlines opposed it. they said that security doesn't sell tickets. >> there were strong, very strong counterpressures to control security costs because it was a cost center for the airlines. >> if the question is was there sort of direct lobbying either by the airlines or by congress on any specific safety or security, the answer would be no. >> how can you sit there and say that the airlines were not lobbying? what are they paying these high-priced lobbyists for? >> there's a lot of excuses out there, but the end result is people made choices not to focus on terrorism, and whether it was administration or agencies, they all failed. >> the fa a, jane garvey, flynn, mineta, i think they're traitors. i called them to their face and that's the way i feel. they are welcome to sue me if they don't like it. into their work, their name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. an
. >> every time the government proposed an actual add-on or separate tax item for security, the airlines opposed it. they said that security doesn't sell tickets. >> there were strong, very strong counterpressures to control security costs because it was a cost center for the airlines. >> if the question is was there sort of direct lobbying either by the airlines or by congress on any specific safety or security, the answer would be no. >> how can you sit there and say...
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Nov 26, 2012
11/12
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taxes ride. rule every american is expected to feel the pinch. we'll break down the numbers on the latest proposals and see who maintains what depending on what kind of deal is reached. and are you not one of the so-called rich. no one company or governing body runs the it net. that helped the worldwide interest neat to grow in the way it has to spur democratic movement. a u.n. summit next week could put a little known united nations agency in charge worldwide web. and countries like china, russia, and iran are actively lobbying for new global rules that can allow them to, for example eavesdrop at will or sensor content. rick gold stein is the director of the project. it's no surprise china and iran and russia would love to control the internet. about it's a surprise they are going to have some conference with the u.n. in dubai next week. we are attending and this is going to be the topic? >> looking at the history of the united nations and how it triumphed on free speech. i'm not surprised. we h
taxes ride. rule every american is expected to feel the pinch. we'll break down the numbers on the latest proposals and see who maintains what depending on what kind of deal is reached. and are you not one of the so-called rich. no one company or governing body runs the it net. that helped the worldwide interest neat to grow in the way it has to spur democratic movement. a u.n. summit next week could put a little known united nations agency in charge worldwide web. and countries like china,...
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Nov 27, 2012
11/12
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reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families
reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making...
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Nov 21, 2012
11/12
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FBC
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i just would rather have a consumption tax than a tax on income tax rates. and by the way, i believe the president, his ideas as they're formulating behind a carbon tax, he would rebate, he would charge extra for gasoline -- for oil, natural gas, and other fossil fuels and coal, but then he would rebate the money through the payroll tax to middle class and poor people. that's how he would do it. it's interesting. >> i'm not shocked, right? spread it all around. stuart: exactly. i have to break in for some preaking news. we have been talking about a union protest at chicago's o'hare airport, possibly making air travel is a bit of a hassle today. well, our jeff flock is at o'hare. he tells us flights have been cancelled. 400 delayed because of dense fog until 1:00 p.m. eastern. if you are traveling today, you want to know that. big deal at o'hare. we have hostess back again in liquidation. the union blames poor management. the management blames the union. but up next a guest that blames you the consumer for the company's shutdown. and she's happy about it. she
i just would rather have a consumption tax than a tax on income tax rates. and by the way, i believe the president, his ideas as they're formulating behind a carbon tax, he would rebate, he would charge extra for gasoline -- for oil, natural gas, and other fossil fuels and coal, but then he would rebate the money through the payroll tax to middle class and poor people. that's how he would do it. it's interesting. >> i'm not shocked, right? spread it all around. stuart: exactly. i have to...
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Nov 29, 2012
11/12
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the taxes are this. 35% will go to federal taxes. 4.54% will go to arizona taxes, that is much better than california. and 6% will go to missouri taxes. interesting too a couple other notes for you. one this isn't the largest lottery in u.s. history actually earlier this year the megamillions game was $656 million. three people bought tickets that won that, that was earlier this year, and the largest in the history of the world, believe it or not was back in spain in 2011. $939million somebody won over there. martha. martha: wow, well, you know we'd lick to her a good story. if you have a good story about winning the lottery and everything turning out really well, let us know. >> reporter: i would have shared. i would have shared. martha: thank you, adam. we'll see you soon. bill: thank you, adam. if you're watching us right now you probably didn't win. you'd be out answering the phone or having a good party. martha: first thing i would do is watch "america's newsroom" if i won. bill: okay that's it. the odds of winning, space junk falling to earth and hitting one person, one in 3200.
the taxes are this. 35% will go to federal taxes. 4.54% will go to arizona taxes, that is much better than california. and 6% will go to missouri taxes. interesting too a couple other notes for you. one this isn't the largest lottery in u.s. history actually earlier this year the megamillions game was $656 million. three people bought tickets that won that, that was earlier this year, and the largest in the history of the world, believe it or not was back in spain in 2011. $939million somebody...
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Nov 29, 2012
11/12
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CNNW
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taxes going up. taxes going up on the affordable care act. billions of dollars of taxes and fees. what's the four-year view look like? what's the plan look like? so let's look at the numbers. how much do we get from deductions? how much do we get from expenditures? how much more do we need? how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of democrats who voiced back before the campaign 500,000. some say even a million. all of that's going to be negotiated. the president wants 250. if mr. boehner wants to come and offer something different, i'm sure he'll do that but the president stands at 250. which is below even where i was but he won the election. >> do you think
taxes going up. taxes going up on the affordable care act. billions of dollars of taxes and fees. what's the four-year view look like? what's the plan look like? so let's look at the numbers. how much do we get from deductions? how much do we get from expenditures? how much more do we need? how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with...
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Nov 23, 2012
11/12
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KGO
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they say even after adding the duty fees and sales taxes, all the items are still much cheaper here in the u.s. >> welcome to black friday. >>> well, here in the new york area, a lot of people spent thanksgiving still reeling from hurricane sandy. despite the hardships, many storm survivors gathered to express their gratitude for what they still had. namely their lives. volunteers prepared and served meals in some hard-hit areas, and some victims of sandy were treated to prime seats at the macy's parade. nice move. >>> in other news, thousands of holiday travelers in texas did not get where they were going. that is because of this massive pileup. it shut down busy interstate 10 right outside beaumont for most of the day. now two people were killed, dozens injured when more than 100 cars and trucks just slammed into each other in extremely thick fog. drivers who were not hurt, they tried to help emergency crews get to those victims. >> everybody just stopped. no movement. people getting out of their cars. i mean it feels like an evacuation. that's what it feels like. >> man. about 100 p
they say even after adding the duty fees and sales taxes, all the items are still much cheaper here in the u.s. >> welcome to black friday. >>> well, here in the new york area, a lot of people spent thanksgiving still reeling from hurricane sandy. despite the hardships, many storm survivors gathered to express their gratitude for what they still had. namely their lives. volunteers prepared and served meals in some hard-hit areas, and some victims of sandy were treated to prime...
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Nov 24, 2012
11/12
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tax loopholes. speaker boehner says i'm willing to break it and do the latter on deductions and exemptions and saxby chambliss the senator said it's time to ditch grover and his pledge, is it? >> all bets are off. i mean, listen, we're in a mess and all bets are off and we shouldn't be held to political organizations that are influencing our elections in terms of getting this mess taken care of, but you know, listen, i have a novel idea for the president. why doesn't he public size an itemized list of his spending cuts he's prepared to put on the table before asking american people to pay taxes. i mean, it's simple. when you have a credit card debt and you don't ask other people to pay for it or you don't borrow money to pay the interest on it, you make hard choices on your discretionary spending from a weekly basis or a monthly basis, this is just a business that's been run poorly and it's-- >> would you agree the president doesn't have a terribly good track record when it comes for proposals for b
tax loopholes. speaker boehner says i'm willing to break it and do the latter on deductions and exemptions and saxby chambliss the senator said it's time to ditch grover and his pledge, is it? >> all bets are off. i mean, listen, we're in a mess and all bets are off and we shouldn't be held to political organizations that are influencing our elections in terms of getting this mess taken care of, but you know, listen, i have a novel idea for the president. why doesn't he public size an...
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Nov 25, 2012
11/12
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CSPAN
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-- fiscal cliff, they want it to be a stage set for tax reform. >> thank you for being on "newsmakers." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> watched mary kay henry, the service employees and national union president today again at 6:00 p.m. on youc-span. >> general, what if the soviets -- soviet union announced tomorrow that if we attack cuba there will be nuclear war? >> that is a serious thing. we're going to be uneasy. something may make these people shoot it off. >> i would want to keep my own people very alert. [laughter] >> it is a fascinating moment. it is amazing that eisenhower tells him to have his people alert, because everyone is completely on edge. kennedy last, and then he says, hang on tight, which is a nice moment that even on this terribly tense day, they're able to joke a little bit with each other. especially during this crisis, i think they have a sense of how lonely it is to occupy that office and how you are given all kinds of advice. eisenhower knew all about faulty military advice. h
-- fiscal cliff, they want it to be a stage set for tax reform. >> thank you for being on "newsmakers." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> watched mary kay henry, the service employees and national union president today again at 6:00 p.m. on youc-span. >> general, what if the soviets -- soviet union announced tomorrow that if we attack cuba there will be nuclear war? >> that is a...
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Nov 27, 2012
11/12
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CURRENT
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but eliminates tax loopholes. paul ryan's budget, also the loser of the last election. on one hand, somebody wrote republicans would get the tax breaks they want, republicans would also get the entitlement changes they want. the party and media are presenting it as a big concession and urge democrats to back it. this is why, you know, charlie wrote a great piece. don't you think president obama should bring in mitt romney. >> no! >> stephanie: what? no! >> he's the last person he should bring in. >> stephanie: that's the premise you are starting from? the pitch is very similar to the plan presented by romney which is supposed to boost growth while closing loopholes. fortunately president obama has rejected this kind of approach. i'm glad the white house is calling them on it saying what i will not do is have a process that is vague saying we are sort of going to raise revenuear close loopholes that have not been identified. he won this election on arithmetic. the white house said it has not seen a realistic propos
but eliminates tax loopholes. paul ryan's budget, also the loser of the last election. on one hand, somebody wrote republicans would get the tax breaks they want, republicans would also get the entitlement changes they want. the party and media are presenting it as a big concession and urge democrats to back it. this is why, you know, charlie wrote a great piece. don't you think president obama should bring in mitt romney. >> no! >> stephanie: what? no! >> he's the last person...
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Nov 29, 2012
11/12
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KPIX
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increase.complicity and tax rate theyease. sted.hey're not interested. >> you're not going to grow the ou raiseif you raise tax rates on the top two rates. smalll hurt small businesses. econill hurt our economy. approach.y this is not the right r: toach. anythis impasse is one of many geithnerreasury secretary tim geithner, mr. obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is pulling back until the president offers ntitlement reform. a i've not seen one deal from country downouse that deal with medicare, medicaid and social security which are all going to fail and take this country down the road o
increase.complicity and tax rate theyease. sted.hey're not interested. >> you're not going to grow the ou raiseif you raise tax rates on the top two rates. smalll hurt small businesses. econill hurt our economy. approach.y this is not the right r: toach. anythis impasse is one of many geithnerreasury secretary tim geithner, mr. obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania...
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Nov 29, 2012
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lawmakers say raising taxes is controversial but the best option at this point. in berkeley they just voted to pay higher property taxes to fix intrastructure. and now engineers are saying it could be a cautionary tale but it's best to pay now rather than pay for it 10 years down the road. live in daly city, cate caugiran, cbs 5. >>> remember, you can get live hi-def doppler radar for your neighborhood anytime and also find information on sandbag locations on our cbssf.com/weather. >>> let's kick it over to traffic now. we have a situation i guess down in san leandro. >> a truck hit cars in a car lot so damage to the cars in the lots. obviously a lot of flashing lights as well over head. we have chopper 5 zooming in. so you are looking live now at the intersection of east 14th and 162nd avenue. this is right there by the united auto center. again that truck just slammed into the cars. no injuries. the truck may have diesel fuel in it. you can see some cars were able to get by. only blocking maybe a lane or two on east 14th. live look at the bay bridge. metering l
lawmakers say raising taxes is controversial but the best option at this point. in berkeley they just voted to pay higher property taxes to fix intrastructure. and now engineers are saying it could be a cautionary tale but it's best to pay now rather than pay for it 10 years down the road. live in daly city, cate caugiran, cbs 5. >>> remember, you can get live hi-def doppler radar for your neighborhood anytime and also find information on sandbag locations on our cbssf.com/weather....